The new alliance will see BM Agency Services (BMAS) join Legal & General’s Mortgage Club and also add Legal & General to its panel of life assurance providers.
The Mortgage Club will provide BMAS’s brokers with access to over 2,000 mortgage deals, many of which are exclusive to Legal & General. BMAS intends to pass on all procuration fees in full to their brokers. Access will also be provided to Legal & General’s on-line term assurance, and e-Protection Choices where a more bespoke protection planning service is required.
Speaking about the new partnership, Paul Nugent, operations manager of BM Agency Services, said: “We are delighted to be teaming up with Legal & General. There is no doubt that access to their Mortgage Club and term assurance products, when added to our existing ASU and Buildings & Contents deals will be a further boost to our intermediary partners.”
Legal & General’s managing director of retail distribution, Duncan Crocker, said, “We are delighted to be working with Berkeley Morgan, particularly as they share our commitment to e-commerce. We believe that their brokers will benefit hugely from the combination of competitive pricing and on-line business processing that Legal & General can deliver.”